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The liquefied natural gas spot prices decreased by more than half since September.
Read More »Asian Coal and Gas Prices Decline. A Reminder To Oil Markets
Oil Falls from 2019 Highs but Set for Third Weekly Gain
Beyond OPEC. oil prices have been boosted by U.S. sanctions against OPEC members Iran and Venezuela.
Read More »Iran Boosts Natural Gas Production at South Pars with $11 Billion Expansion
About 152.000 barrels day of gas condensates will be produced from the South Pars expansion.
Read More »World can Rely on OPEC for Urgent Oil Needs
Venezuela´s oil output has long been on a downward spiral thanks to years of underinvestment and mismanagement.
Read More »Venezuela`s Oil Industry at Risk of Collapse
Rystad Energy forecasts that some operators in Venezuela will run out of naphtha by this month.
Read More »OPEC Wants Oil Producers to Prevent a Surplus This Year
Production from OPEC’s 14 members dropped by 221.000 bpd to 30.55 MMbpd in February.
Read More »Brent Crude Hits 2019-High amid OPEC Supply Cuts. Sanctions on Venezuela and Iran
International Brent crude oil futures marked a 2019-peak of $67.80 per barrel in Asian morning hours.
Read More »OPEC has Helped U.S. Shale
The rebalancing of the global oil market was a work in progress.
Read More »Iran. E3 will Discuss INSTEX in Tehran Today
The Tuesday meeting will cover discussions on ways of cooperation between the two institution.
Read More »Iran will Launch New Development Phases of South Pars Gas Field
Iran’s daily gas production from the field now exceeds that of Qatar.
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